Everything today is virtual. Whatever happened to reality? From virtual meetings and virtual business, to virtual education and virtual assistants, the boom of online virtual engagement is impacting everyone. Thanks, Covid!
And while many people are still trying to figure out how to pronounce Alexa's name properly to get her to help them out, most of the population has been forced to embrace a virtual world, replacing the real experience with a remote one. No industry is immune to this virtual phenomenon as it provides a way for every business to feel like they are essential. However, the real estate market is one of the few areas that has not only helped during this time, but it has also reaffirmed that the new way isn't always better.
VIRTUAL HOME VISITS DRIVING ONLINE DEMAND
Digital tools are helping drive the housing market. While the market sustained a slight dip in sales during March, down about 13% in units the Mahoning Valley according to MLS-YES Data for...
Don't Sit on Selling Your House
I've heard the story more than I can count. Someone was ready to sell their home and then the COVID-19 pandemic broke out and now they are stuck in their home. They want to sell, they even found their dream home listed on the market to purchase, but the virus has infected their ability to sell their home. And I follow up this story with the same answer every time: Why aren't you listing your home?
While the real estate market may not be operating in a traditional manner during these tough times, your YCAR real estate agent, and professionals all across the Trumbull, Mahoning and Columbiana areas are working tirelessly behind the curtain to make sure the industry is still safe and viable for you to own what you so rightful earned and deserve. While, I will admit, there are still unknowns, economists, experts and even the data from March reveals that you are in a prime position to sell your home to a very attentive and desirable market.
A RECESSION DOES NOT MEAN A HOUSING CRISIS
If you are homeowner, you are likely concerned about the impact the tidal wave known as, COVID-19, is going to have on the value of your home. While our health care providers and leaders use historical data on this virus to make decisions on how to best preserve and protect each one of us, all of us are doing that as well for our own lives. When it comes to the value of our home, we've seen this story play out not too long ago. The financial and housing crisis of 2008 is not a too distant memory in our minds and wallets. Many of us were just finally starting to enjoy being out form underneath the challenges that brought upon our homes, both figuratively and literally. However, before you begin to feel and panic, thinking that this is déjà vu all over again, I'm here to make the outlook a little better for you and show you why the recession we are going to embark on from the effects of COVID-19 does not mean we are on the precipice of a...